Establishing one's company in Madrid, Spain

The Madrid region, located at the heart of Spain, proves to be an indisputable strategic choice for companies seeking to establish themselves. Whether for its dynamic economic environment, well-developed transportation network, or access to talent, Madrid offers a multitude of compelling reasons to attract businesses from all walks of life. As the political and economic capital of Spain, the Madrid region is home to over 500,000 active businesses. With an estimated GDP contributing to 19% of the Spanish economy, Madrid benefits from a consumer base of over 7 million inhabitants with high purchasing power, making it an ideal place for business owners looking to launch or expand their ventures.

A strategic geographical position for entrepreneurs

Ranked as the third region in Europe in terms of purchasing power, Madrid is an ideal hub to tap into the Iberian, European, and North African markets, representing a potential market of 1.3 billion people. Madrid also leverages its strong ties with Latin America and easy access to the South American market with numerous flights from Adolfo Suárez Madrid–Barajas Airport. Spain is, thus, the second-largest investor in Latin America after the United States.

With top-notch road and rail infrastructure, the Madrid region sits at the core of a network connecting the entire Iberian Peninsula and the rest of Europe by land. Businesses established in Madrid also benefit from the proximity to Spain's largest airport for both freight and passenger transport.

Madrid also boasts the advantages of having Europe's largest inland customs port, the dry port of Coslada, facilitating the distribution of goods to the major maritime ports on the Iberian Peninsula.

Madrid, an economic and financial hub

As one of Europe's prime destinations, Madrid provides entrepreneurs seeking establishment with a privileged position near numerous international decision centers and easy access to a network of top-tier services and infrastructure.

Madrid shines with its exceptional concentration of renowned multinational companies. Various sectors such as finance, technology, telecommunications, energy, and more are represented in this dynamic metropolis. This diversity creates an atmosphere conducive to partnerships, networking, strategic collaborations, and innovation for entrepreneurs, thanks to its competitive and stimulating environment.

A true economic magnet, the Madrid region enjoys a steady flow of both national and foreign investments. This vitality supports the growth of local players and the emergence of new entrepreneurial initiatives.

To foster this dynamism, the region has embarked on a process of simplifying administrative procedures. Through a dedicated website, entrepreneurs and project leaders can directly ask questions or report administrative issues to local authorities, thus receiving quick and tailored solutions for their challenges.

Talents and skilled workforce for entrepreneurs establishing in Madrid

In addition to being an entrepreneurial economic hub, the Madrid region stands out for its qualified and versatile workforce, a significant asset for entrepreneurs considering establishment on its territory. This concentration of diverse talents from renowned schools and universities provides a conducive environment for business growth and the realization of ambitious projects.

The Madrid region hosts a range of world-renowned higher education institutions, offering quality education in various fields. Universities, business schools, and research institutes such as Universidad Complutense de Madrid (UCM), Universidad Politécnica de Madrid (UPM), and Instituto de Empresa (IE) attract national and international students, contributing to the creation of a pool of varied and competent talents.

Innovation is also a focal point, as numerous partnerships are developed each year with local entrepreneurs to collaborate on research projects, develop innovative solutions, and access the latest technological advancements.

Madrid celebrates innovation

As the second European region in terms of employment in R&D and high-tech industries, the Madrid region houses numerous points of industrial interest. The territory benefits from eleven industrial clusters, six technology parks, and eight research institutes such as the Madrid Institute for Advanced Studies (ISCIII) in the fields of Health, Humanities, Social Sciences, etc. The Madrid region also stands out for its dynamism with numerous major events (fairs, exhibitions, conferences) and various spaces (fablabs, incubators, accelerators) dedicated to startups and innovative young companies.

Living in Madrid means enjoying a unique lifestyle (and work environment)

In addition to excellent investment opportunities, Madrid offers a unique quality of life to entrepreneurs and their colleagues. With a healthcare system and a safety index among the highest in Europe, Madrid stands as a preferred destination. An international-quality education system with numerous international schools or those teaching in English contributes to making Madrid a prime destination for multinational companies.

Sunshine, one of the world's richest cultural scenes, and a renowned cuisine make the Madrid region an exceptional environment for settling down and developing your business with peace of mind.

 

 

 

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